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An economic “Kessler Syndrome”: A dynamic model of earth orbit debris

Author

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  • Adilov, Nodir
  • Alexander, Peter J.
  • Cunningham, Brendan M.

Abstract

We construct a dynamic model of orbital debris that predicts an “economic Kessler Syndrome”, where orbital debris renders orbits economically unprofitable, precedes a “physical Kessler Syndrome”. Our model generalizes to any orbit subject to debris accretions or decrements.

Suggested Citation

  • Adilov, Nodir & Alexander, Peter J. & Cunningham, Brendan M., 2018. "An economic “Kessler Syndrome”: A dynamic model of earth orbit debris," Economics Letters, Elsevier, vol. 166(C), pages 79-82.
    • Handle: RePEc:eee:ecolet:v:166:y:2018:i:c:p:79-82
    DOI: 10.1016/j.econlet.2018.02.025
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    References listed on IDEAS

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    1. Richard Klima & Daan Bloembergen & Rahul Savani & Karl Tuyls & Daniel Hennes & Dario Izzo, 2016. "Space Debris Removal: A Game Theoretic Analysis," Games, MDPI, vol. 7(3), pages 1-18, August.
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    Cited by:

    1. Zachary Grzelka & Jeffrey Wagner, 2019. "Managing Satellite Debris in Low-Earth Orbit: Incentivizing Ex Ante Satellite Quality and Ex Post Take-Back Programs," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(1), pages 319-336, September.
    2. Cabrales, Antonio & Brañas, Pablo & Espinosa, María Paz & Jorrat, Diego, 2022. "The effect of ambiguity in strategic environments: an experiment," CEPR Discussion Papers 17584, C.E.P.R. Discussion Papers.
    3. Bongers, Anelí & Torres, José L., 2023. "Orbital debris and the market for satellites," Ecological Economics, Elsevier, vol. 209(C).
    4. Julien GUYOT & Sébastien ROUILLON, 2021. "Designing satellites to cope with orbital debris," Bordeaux Economics Working Papers 2021-16, Bordeaux School of Economics (BSE).
    5. Sébastien Rouillon, 2020. "A Physico-Economic Model of Low Earth Orbit Management," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 77(4), pages 695-723, December.
    6. Akhil Rao & Francesca Letizia, 2022. "An integrated debris environment assessment model," Papers 2205.05205, arXiv.org.
    7. Alexander V. Klokov & Egor Yu. Loktionov & Yuri V. Loktionov & Vladimir A. Panchenko & Elizaveta S. Sharaborova, 2023. "A Mini-Review of Current Activities and Future Trends in Agrivoltaics," Energies, MDPI, vol. 16(7), pages 1-18, March.

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    More about this item

    Keywords

    Orbital debris; Economic Kessler Syndrome; Satellites;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities

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